What Is QBS?
QBS stands for Qualifications Based Selection, which is the preferred method for selection of professional services. QBS is a negotiated, competitive procurement process for selection based on qualifications and competence in relation to the work to be performed.
Why Use QBS?
Professional services represent only a small percentage of the initial project cost; however, these services highly influence and affect the lifetime cost of the project. Studies show that selections based on qualifications result in higher quality and lower lifetime cost than selections based on price. More >
Under QBS, professional service firms are weighed first on competence, creativity and performance, and second on negotiation of a fair and reasonable fee. The process begins with the owner establishing evaluation criteria and soliciting statements of qualifications from professional service firms. More >